HUDCO, NaBFID and SIDBI to tap bond market for Rs 13,500 cr
The Economic Times·2026-02-11 00:51

Group 1 - NaBFID plans to raise ₹4,000 crore through a 10-year bond sale, with investor focus on this issuance amid high benchmark government security yields at 6.75% [5] - The expected pricing for NaBFID's bonds is around 100 basis points over the sovereign yield, indicating a competitive rate below the state bond rate [5] - HUDCO is anticipated to secure a rate of approximately 7.75%-8% for a three-year bond tenure [5] Group 2 - Corporates raised ₹26,752 crore in January 2023, a decrease from ₹29,798 crore in December 2022, reflecting a tightening in market borrowings [3] - Wholesale loans by banks have increased, with SBI reporting a 3.4% year-on-year growth in its corporate loan book, while HDFC Bank and ICICI Bank reported growths of 10.3% and 5.6% respectively [5]